India Becomes World’s Second-Largest Crypto Developer Hub

Quick Summary:

India has solidified its position as a global leader in blockchain innovation, becoming the world’s second-largest crypto developer hub.

According to Cointelegraph, the country now accounts for nearly 12% of the world’s crypto developers, trailing only the United States.

In the first nine months of 2024, Indian Web3 startups secured $462 million in investments, marking an impressive 82% increase compared to the previous year.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaUnited States

Topics: Crypto News India crypto developer hub

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 23:22:53 (5 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 267 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24178554

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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